November 15, 1972

Brit Broadcasting Corp on Nov 14 celebrates its 50th anniv with its future clouded by uncertainty; network faces increasing competition, with its monopoly of radio ending in '73 when privately financed stations go on air; politicians have charged that network is biased and have called for official inquiries; some viewers have complained that its programing is suggestive or obscene; illus

ALBANY, Nov. 14—The State Board of Regents proposed a sweeping change today in the system of aid for public schools to provide more funds for districts that have neared the limits of their taxing ability while limiting spending by wealthier ones.

NYSE chmn Needham announces plans on Nov 14 for Soviet delegation to visit NY next yr to discuss means of financing expansion of Soviet‐Amer trade; Needham and ranking Soviet officials in top Soviet banks proclaim their 1st round of talks in Moscow friendly and informative, joint statement; Western financial specialists rept that USSR is seriously in need of investment capital; some specialists suggest that major interest of Moscow would be to set up joint Amer‐Soviet cos that, if listed on major Amer stock exch, would help Soviet raise capital for major indus projects; Amer businessman in Moscow says that Soviet authorities are interested in knowing how to float bond issue; sources note that 1 topic slated for discussion by Needham is outstanding bonds issued by Czarist govt which have yet to be redeemed by Soviet regime

Authoritative Western diplomatic source repts on Nov 14 that just over 1 wk before Palestinian guerrilla attack at Munich Olympics on Sept 5, Israel and Egypt had accepted plan for direct, secret contacts to open negotiations; says officials thought it was quite possible that purpose of terrorist attack, which resulted in death of 11 Israeli Olympic athletes, was to break up plan for these contacts; says that as far as was known, no firm date had been set for secret meeting; says Arab guerrillas apparently learned of project and carried out attack to create atmosphere that would make it impossible for Egyptian and Israeli Govts to proceed at that time

FBI Acting Dir Gray says on Nov 14 that he and Southern Airways officials had jointly decided to immobilize DC‐9 that was being hijacked by M Cale, L D Moore and H D Jackson, but that he had personally ordered that it be done by shooting out craft's tires; ALPA pres O'Donnell scores action; charges in lr to Pres Nixon that FBI's action violated Govt agreement not to disable airliner without approval of pilot in charge